Germany's Ministry of Finance has published draft legislation for a phased reduction of the solidarity surcharge, which is one of the measures agreed to by the German Coalition government in 2018. The current 5.5% surcharge is levied on both individual and corporate income tax and was introduced with effect from the 1995 assessment period to fund reunification of East and West Germany. As a first step in phasing out the surcharge, the thresholds for its levy on individuals are to be increase…